Intrinsic Valuation of: ADANIENSOL
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2021 - - EPS (FY) 19 Market Cap ₹1,566B
2022 - - (-) P/E Ratio 70 Total Asset ₹928B
2023 ₹-9B - (-) Net Income ₹23B Total Debt ₹454B
2024 ₹6B 165.7% (152.5%) EBITDA ₹87B Total Liab ₹663B
2025 ₹-3B -154.9% (-137.8%) Opr Margin 25.76 Debt/Equity 1.71
2026 ₹-34B -929.6% (-787.0%) PreTax Margin 12.59 BV/Share 197
5Y Average FCF ₹-10B 3.5% (-257.4%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.48% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 7.59% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (3.5%)
2027 ₹6B MBG Intrinsic Value ₹167
2028 ₹6B
2029 ₹7B
2030 ₹7B
2031 ₹7B
2032 ₹7B
Terminal Value ₹145B Net Worth/Share ₹221
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹125B Growth Rate
(+) Cash & Cash Equivalents ₹17B ₹-259 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹454B WACC 6.5% -252 -243 -231 -215 -194
Equity Value ₹-311B 7.3% -267 -260 -252 -242 -228
Shares Outstanding 1,201,282,642 8.1% -279 -274 -268 -260 -251
8.8% -288 -284 -279 -274 -267
DCF Intrinsic Value ₹-259 9.6% -295 -292 -288 -284 -279
Analyzed by QuantJuice (2025)